Dragon's Tail: The Lucky Country after the China Boom: Quarterly Essay 54

Discover 'Dragon's Tail: The Lucky Country after the China Boom', a must-read Quarterly Essay 54 by Andrew Charlton, examining Australia’s relationship with China amidst the economic upheaval. This compelling trade paperback (UK) dives deep into how Australia's prosperity has been intertwined with the rapid rise of China, which has reshaped global economic dynamics in unprecedented ways. With compelling insights backed by robust analysis, Charlton sheds light on the dual-edged sword of China's meteoric rise, offering a nuanced understanding of the implications for Australia’s future economy. As the Chinese dragon awakens, Australia must navigate the challenges and opportunities that lie ahead. This essential read tackles pressing questions about resource dependency, economic competitiveness, and social welfare in an ever-changing world. It's not just about understanding the past; it's about articulating a vision for Australia’s future amid global shifts. Perfect for students, economists, and anyone interested in Australian economic history and contemporary issues, this 108-page essay is more than just a book—it's a guide to understanding our place in a post-boom landscape. Enhance your understanding of global economics and Australia’s trajectory with this essential addition to any collection. Grab your copy today and enjoy the FREE shipping offer. Note: Combined shipping for other products is not available with this item. Please allow up to 10 days for delivery.

Condition: BRAND NEW
ISBN: 9781863956567
Format: Trade paperback (UK)
Year: 2014
Publisher: Black Inc
Pages: 108


Description:
In Dragon's Tail, Andrew Charlton explores the supercharged rise of China and considers Australia's future as the Chinese dragon stirs and shifts.

China's rise has been perhaps the most significant economic event in two centuries, occurring 100 times more quickly and on a scale 1000 times larger than Britain's Industrial Revolution. Since 2000, Australia has been an essential part of this transformation, providing the raw materials to feed China's frantic manufacture of steel vertebrae for everything from cars and trucks to railways, apartments and office towers. China's appetite for resources has made us richer than ever before, but it has also drained the competitiveness from many parts of our economy, leaving us vulnerable.

In Dragon's Tail, Andrew Charlton shows that China's growth model is now reaching its limit, and the world's most populous economy faces a challenging transition. Whether China crashes, or crashes through, this will have dramatic implications for Australia, slowing the demand for our resources and forcing us to reassess the foundations of our wealth. Charlton looks at ways to revitalise the Australian economy and secure our prosperity in a changing world.

'Understanding China's growth model helps explain why Australia has done so well in the twenty-first century. But it also explains why, at the same time, our economic anxiety is reaching a zenith- why Holden is leaving, why the budget is in such an apparent quagmire, why house prices are soaring, why the dollar is so volatile. China's growth has brought us a windfall, but it is a precarious sort of prosperity.' Andrew Charlton, Dragon's Tail

This product has FREE shipping however combined shipping for other products is not available with this item. Please allow up to 10 days for shipping.